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From: lewis.perdue@wineindustryinsight.com

Subject: Gallo Gets Sweet Deal On Illegal Water Diversion, Bankruptcy Updates on Conti, Stevenot

Date: 2009-04-24 11:47:20

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WINE INDUSTRY INSIGHT

EMAIL EDITION - VOLUME I, NUMBER 83 - April 24, 2009


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INSIDE THIS ISSUE:

  • Gallo Gets “Good Deal” On Illegal Russian River Water Diversion

  • Stevenot: Trustee Fight Heats Up, Mismanagement, "Bogus" Tax Returns Charged

  • Gallo Cuts Off Distributor, Sues To Make Sure They Stay Cut Off

  • Conti Bankruptcy: Key Hearing April 27 On Use of Bank & Grower Cash Collateral

  • The Absurd Side of Gallo Trademark Lawsuits


NEWS FETCH HIGHLIGHTS - Week of April 20-24, 2009

Many more NEWS FETCH articles at Browse News Fetch Archives



WINE INDUSTRY INSIGHT ORIGINAL REPORTING

Gallo Gets “Good Deal” On Illegal Russian River Water Diversion

For more than three years, the E. & J. Gallo Winery has illegally diverted Russian River water and improperly stored it according to an Administrative Civil Liability Complaint filed by the California Water Resources Control Board (WRCB) on April 20.

gallo-map-diversion-400px

FINE IS "A DAMN GOOD DEAL FOR THE GALLOS"


The fine "is a damn good deal for the Gallos," said an attorney who handles water rights issues. "By the figures in the Water Board complaint, the fees for the three years would be $78,130 and the state's asking for more than five grand less than that."

Also in this article:


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WINE INDUSTRY INSIGHT ORIGINAL REPORTING

Stevenot: Trustee Fight Heats Up, Mismanagement, "Bogus" Tax Returns Charged

Bankruptcy Trustee supporters -- including attorneys for the U.S. Department of Justice (DoJ) -- will square off in court April 27 with Stevenot Winery and its supporters who have opposed the trustee appointment with increasingly heated language.

The rest of this article and the original legal filings are available to  subscribers.

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WINE INDUSTRY INSIGHT ORIGINAL REPORTING

The Absurd Side of Gallo Trademark Lawsuits

The world is full of roosters, which means there will always be companies and products for E. &. J. Rooster (translated from the Spanish and Italian) to threaten. When it comes to trademarking this particular generic noun, it’s nothing less than a full employment act for  lawyers.

gallonailpolish

Nail Polish. Sued. Now off market.

400px-rooster_portrait2

gallo (Not sued yet)

Meanwhile, take a look at a few of the products and companies just waiting for a threatening letter. And remember that if they’re willing to nail a member of their own family, they’ll certainly come after you.

gallobeer-400px

Brewery in Guatamala (Not sued yet)

gallopatagonia

Gallo shoe from Patagonia (Sued, suit dismissed)

gallopasta

Gallo Pasta (Subject of lawsuit by E. &. J. Rooster)

 

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WINE INDUSTRY INSIGHT ORIGINAL REPORTING

Gallo Cuts Off Distributor, Sues To Make Sure They Stay Cut Off

esmeralda1sanalej

This article and the original legal filings are available to  subscribers.

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WINE INDUSTRY INSIGHT ORIGINAL REPORTING

Conti Bankruptcy: Key Hearing April 27 On Use of Bank & Grower Cash Collateral

Robert Luciano, the Chapter 11 Trustee appointed by the Court in the Conti Estate/Charles B. Mitchell bankruptcy needs $20,000 in cash for payment of operating expenses for the winery through the first week in May. After that, he will need another $32,000 per month ongoing.

In his bankruptcy court filing , Luciano said the money would need to come out of the cash collateral held by creditors with secured debts.

  • COLLATERAL BELONGS TO SECURED CREDITORS
  • TRUSTEE OFFERS REPLACEMENT LIEN

The rest of this article and the original legal filings are available to  subscribers.

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Lewis Perdue
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Phone: 707-326-4503, fax: 707-940-4146
Email: lewis.perdue@wineindustryinsight.com